Active
Sale
Land
Office

302 S Waverly Rd

302 S Waverly Rd, Lansing, MI 48917

For Sale

$395,000

$6.77/SF

Lot Size
1.3392 ac
County
Eaton
DOM
238
Listed
02/23/2026
Updated
10/07/2026
302 S Waverly Rd
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Overview

Discover an exceptional 1.34-acre corner parcel at the high-visibility intersection of S Waverly Road and Otis Street, located at 302 S Waverly Rd, Lansing, MI 48917, in desirable Delta Charter Township. This strategically positioned site offers excellent exposure along a busy thoroughfare with easy access to I-496 and proximity to Lansing's growing commercial corridors. Currently improved with an existing two-story office building (approximately 7,000+ sq ft, built 1965/renovated 2005), the structure is considered a tear-down and offers no functional value—presenting a blank canvas for your vision. The site is cleared and ready for new construction or redevelopment. Zoned Office (O), the property benefits from Delta Charter Township's flexible approach to land use. A special use permit can allow for a variety of high-demand commercial ventures, including:

  • Banks with drive-through facilities
  • Restaurants (sit-down/dine-in, no drive-through)
  • Pharmacies
  • Personal services (salons, spas, dry cleaners, etc.)

This versatility makes the parcel ideal for retail, financial services, healthcare-related uses, or professional/personal service businesses seeking prominent corner exposure in a high-traffic area.

Whether you're an investor, developer, or end-user looking to establish a standout presence in Delta Township, this parcel represents a rare opportunity in a proven commercial node. Tear down the existing structure and bring your concept to life.

  • Prime corner location with dual frontage for maximum visibility and signage potential
  • 1.34 acres of prime developable land
  • High-traffic area near residential neighborhoods, businesses, and major roadways
  • Zoning flexibility via special use permit for expanded commercial opportunities
  • Utilities available at site
  • Minutes from Lansing metro amenities, shopping, and employment centers

Additional Information

City
Lansing
County
Eaton
State
MI
Zip Code
48917
Latitude
42.7308149
Longitude
-84.6037266
Secondary Uses
Office
Zoning
O
Zoning Desc.
Office
Submarket
West
Nearest MSA
Lansing East Lansing
Tax ID Number
040-043-600-391-00
Property Use Type
Vacant/Owner-User
Vehicles Per Day
22,345 VPD
Topography
Gently Sloping
Parcel APN
04004360039100
Listing ID
9834ad35

Parcel & Location